USD/CAD rises as lower oil prices pressure CAD The Canadian Dollar is struggling amid lower oil prices, with USD/CAD trading around 1.4140. The decline in oil prices weighs on Canada's export revenues, fundamentally pressuring the CAD down. West Texas Intermediat
USD/CAD rises as lower oil prices pressure CAD
The Canadian Dollar is struggling amid lower oil prices, with USD/CAD trading around 1.4140.
The decline in oil prices weighs on Canada’s export revenues, fundamentally pressuring the CAD down.
West Texas Intermediate oil price has slipped to around $75.10 per barrel, on track for a steep weekly loss of roughly 9.5%
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